Honda Car Forum

Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to
go 6yr/100k?

On 2007-05-11, merlotbrougham@hotmail.com <merlotbrougham@hotmail.com> wrote:
> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to
> go 6yr/100k?

No.

At 100k, a Honda is just getting broke in. Spend it on
collision and comprehensive insurance. Body repair rates are insane,
these days. BTW, anyone not carrying at least half a million of
liability/medical is either broke or stupid.

nb

In article <2KudndHRecbcA9nbnZ2dnUVZ_sudnZ2d@comcast.com>,
notbob <notbob@nothome.com> wrote:

> At 100k, a Honda is just getting broke in. Spend it on
> collision and comprehensive insurance. Body repair rates are insane,
> these days.

Agreed.


> BTW, anyone not carrying at least half a million of
> liability/medical is either broke or stupid.

Even that little is stupid.

Get an umbrella policy. Cheap, and covers all your liability--car and
home.

On May 11, 12:42 pm, merlotbroug...@hotmail.com wrote:
> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to
> go 6yr/100k?


Warranty Direct offers "bumper to bumper" 6yr/100K for about $1000
with a $100 deductible. Lots of independent mechanics can use Warranty
Direct, you are not tied to Honda dealers.

But, IMHO, she'd be better off paying for a roadside service plan
(flat tires, dead battery, etc), adding towing and rental car riders
to her auto insurance policy and putting the remainder into some
investment.

On May 11, 11:42 am, merlotbroug...@hotmail.com wrote:
> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to
> go 6yr/100k?

Ody's were redesigned in 05, 06? I haven't seen any long-term "watch"
items for the newer model yet. Still too new?

<merlotbrougham@hotmail.com> wrote in message
news:1178901722.956964.157490@h2g2000hsg.googlegro ups.com...
> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to
> go 6yr/100k?
>

Hell no.

For one, I think there's already an extended Honda drive train warranty
beyond the bumper to bumper coverage you mentioned.

Tell her to take the $1600, put it in a good mutual fund and in the unlikely
event the bus needs significant repairs after the Honda warranty period, pay
for them with the capital gains on the mutual fund.

Now if it was a Ford or GM vehicle, I'd probably have different advice;-)

notbob wrote:

> On 2007-05-11, merlotbrougham@hotmail.com <merlotbrougham@hotmail.com>
> wrote:
>> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to
>> go 6yr/100k?
>
> No.
>
> At 100k, a Honda is just getting broke in. Spend it on
> collision and comprehensive insurance. Body repair rates are insane,
> these days. BTW, anyone not carrying at least half a million of
> liability/medical is either broke or stupid.
>
> nb

Pay for 100,000 on your car insurance and get an umbrella policy. It is
much less expensive, and also covers ANY liability you may have, including
your home.

"notbob" <notbob@nothome.com> wrote in message
news:2KudndHRecbcA9nbnZ2dnUVZ_sudnZ2d@comcast.com. ..
> On 2007-05-11, merlotbrougham@hotmail.com <merlotbrougham@hotmail.com>
> wrote:
>> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to
>> go 6yr/100k?
>
> No.
>
> At 100k, a Honda is just getting broke in. Spend it on
> collision and comprehensive insurance. Body repair rates are insane,
> these days. BTW, anyone not carrying at least half a million of
> liability/medical is either broke or stupid.
>
> nb

You don't need a half million in insurance unless your net worth is that
much.

If I've got only $800 in the bank, an eight year old car, no real estate and
a lot of credit card debt, you could sue me whatever I may have done or not
done and win a judgment for $2,000,000.... and you'd never get a dime. Can't
get blood from a stone my boy.

That why lawsuits are directed toward those with deep pockets;-)

On the internet you can buy a zero deductible 120k 8 year Honda Care service
agreement for around $1200 so your deal is not worth it. Search using
www.google.com and make sure it is official honda agreement. 3rd parties can
go out of business. Is any worth buying? If you sell the care before the
service agreement is over you will probably get a lot more money for it so
it could easily pay for itself.


<merlotbrougham@hotmail.com> wrote in message
news:1178901722.956964.157490@h2g2000hsg.googlegro ups.com...
> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to
> go 6yr/100k?
>

State Farm now requires more than 100k coverage to qualify for the umbrella.


"Joe LaVigne" <jlavigne@hits-buffalo.com> wrote in message
news:f22feo$r0o$1@news.datemas.de...
> notbob wrote:
>
>> On 2007-05-11, merlotbrougham@hotmail.com <merlotbrougham@hotmail.com>
>> wrote:
>>> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to
>>> go 6yr/100k?
>>
>> No.
>>
>> At 100k, a Honda is just getting broke in. Spend it on
>> collision and comprehensive insurance. Body repair rates are insane,
>> these days. BTW, anyone not carrying at least half a million of
>> liability/medical is either broke or stupid.
>>
>> nb
>
> Pay for 100,000 on your car insurance and get an umbrella policy. It is
> much less expensive, and also covers ANY liability you may have, including
> your home.
>